HMRC have contacted approximately 220,000 VAT registered UK businesses by post, who may import and export between the UK and the EU. The letter explains what they can do next to prepare for changes to customs arrangements after the UK has left the EU.
During the implementation period (between 1 February and 31 December 2020), there will be no changes to the terms of trade with the EU or the rest of the world.
However, from 1 January 2021, the way businesses trade with the EU will change and preparations will need to be made for working outside the EU, including new customs arrangements.
If you import and export between the UK and the EU, you can start your preparations now by ensuring you have a UK Economic Operator Registration and Identification (EORI) number and preparing to make customs declarations.
If you have not received the HMRC letter and believe the changes may affect you, you can follow the link to find the letter they have published on GOV.UK.
